The Board of Directors of Farmers & Merchants Bancorp declared a year-end cash dividend of $8.30 per share, an increase of 6.41% over the cash dividend declared in November of 2021. The cash dividend will be payable on January 3, 2023 to shareholders of record as of December 7, 2022. Total cash dividends declared in 2022 increased 5.56% to $16.15 per share compared with $15.30 declared in 2021.